Compass Group PLC Price, Forecast, Insider, Ratings, Fundamentals & Signals

Charlotte, n.c.--(business wire)--compass group, the world's largest foodservice and support services company, is celebrating the 8th annual stop food waste day by raising awareness.

St. louis--(business wire)--compass group equity partners, a st. louis-based private equity firm, has closed compass group fund iii, hitting a hard cap of $408 million.

Charlotte, n.c.--(business wire)--compass group and astrazeneca announce a new, forward-thinking partnership for integrated facilities management focused on workplace experience.

Investors with an interest in Retail - Restaurants stocks have likely encountered both Compass Group PLC (CMPGY) and Shake Shack (SHAK). But which of these two stocks offers value investors a better bang for their buck right now?

Compass Group PLC (LSE:CPG) is "likely" to lift its financial outlook when it reports results, according to Citigroup. The US investment bank thinks this will "drive improved sentiment" in the catering giant's shares following the numbers in mid-May.

Compass Group has been on the up ever since the pandemic and it will be a major shock if the caterer is anything but upbeat with its first quarter update next week. In-fill acquisitions such as gym and leisure centre caterer CH&CO for £475m, announced in January, look set to be the way forward and should keep up the momentum.

American investment bank Citi presents a compelling investment case for Compass Group PLC (LSE:CPG), highlighting its robust organic growth and promising margin progression following the fiscal year 2023 results earlier this week. Despite a slight dip in the fourth quarter, net new business guidance for fiscal year 2024 is set at an optimistic 4-5%.

Compass has recovered well from previous challenges and is performing strongly with organic revenue growth in all regions. The company expects mid-to-high single-digit organic growth in the long term and aims to achieve historical profit margins. Despite its competitive advantage and growth potential, the current valuation is considered too high, leading to a "sell" rating.

Compass Group PLC (OTCPK:CMPGF) Q3 2023 Results Earnings Conference Call July 25, 2023 4:00 AM ET Company Participants Dominic Blakemore - Group Chief Executive Officer Palmer Brown - Group Chief Financial Officer Conference Call Participants Jarrod Castle - UBS Vicki Stern - Barclays Capital Leo Carrington - Citigroup Kean Marden - Jefferies Neil Tyler - Redburn Partners Harry Martin - Bernstein Research Jaafar Mestari - Exane BNP Paribas Dominic Blakemore Good morning, everyone. And thank you for joining us.

Compass Group, the food services company, reported an uptick in third-quarter revenues as it reiterates full-year guidance. Organic revenue in the three months to 30 June grew 15% compared to the same period a year earlier, and by 21% in the year-to-date, a statement said.

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Compass Group raised its full-year guidance for operating profit growth to around 30% and announced a £750m share buyback. The company's long-term prospects remain solid with a proven approach to growth and high demand in its sector, particularly in North America. However, challenges include differentiation in a price-driven industry and long-term margin issues due to factors like food inflation and labor shortages.

Compass Group PLC (OTCPK:CMPGF) Q2 2023 Results Conference Call May 10, 2023 4:00 AM ET Company Participants Dominic Blakemore - Group Chief Executive Officer Palmer Brown - Group Chief Financial Officer Conference Call Participants Vicki Stern - Barclays Jamie Rollo - Morgan Stanley Jarrod Castle - UBS Jaafar Mestari - BNP Paribas Leo Carrington - Citi Harry Martin - Bernstein Kean Marden - Jefferies Neil Tyler - Redburn Karl Green - RBC Dominic Blakemore Good morning, everyone, and thank you for joining us. As usual, I have Palmer with me here today.